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EQR (Equity Residential) Price-to-Owner-Earnings : 16.03 (As of Oct. 31, 2024)


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What is Equity Residential Price-to-Owner-Earnings?

As of today (2024-10-31), Equity Residential's share price is $70.37. Equity Residential's Owner Earnings per Share (TTM) ended in Sep. 2024 was $4.39. It's Price-to-Owner-Earnings for today is 16.03.


The historical rank and industry rank for Equity Residential's Price-to-Owner-Earnings or its related term are showing as below:

EQR' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.64   Med: 17.23   Max: 26.34
Current: 16

During the past 13 years, the highest Price-to-Owner-Earnings of Equity Residential was 26.34. The lowest was 4.64. And the median was 17.23.


EQR's Price-to-Owner-Earnings is ranked better than
52.03% of 271 companies
in the REITs industry
Industry Median: 17.53 vs EQR: 16.00

As of today (2024-10-31), Equity Residential's share price is $70.37. Equity Residential's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $2.51. Therefore, Equity Residential's PE Ratio (TTM) for today is 28.04.

As of today (2024-10-31), Equity Residential's share price is $70.37. Equity Residential's EPS without NRI for the trailing twelve months (TTM) ended in was $0.95. Therefore, Equity Residential's PE Ratio without NRI for today is 74.31.

During the past 13 years, Equity Residential's highest PE Ratio without NRI was 1657.03. The lowest was 30.83. And the median was 60.82.


Equity Residential Price-to-Owner-Earnings Historical Data

The historical data trend for Equity Residential's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equity Residential Price-to-Owner-Earnings Chart

Equity Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.26 15.55 17.40 15.53 15.63

Equity Residential Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.85 15.63 15.03 15.80 -

Competitive Comparison of Equity Residential's Price-to-Owner-Earnings

For the REIT - Residential subindustry, Equity Residential's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equity Residential's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equity Residential's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Equity Residential's Price-to-Owner-Earnings falls into.



Equity Residential Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Equity Residential's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=70.37/4.39
=16.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equity Residential  (NYSE:EQR) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Equity Residential Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Equity Residential's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Equity Residential Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Chicago, IL, USA, 60606
Equity Residential owns a portfolio of 299 apartment communities with around 80,000 units and is developing three additional properties with 977 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Executives
Catherine Carraway officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 500, CHICAGO IL 60606
Alexander Brackenridge officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Scott Fenster officer: EVP & General Counsel TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Ian Kaufman officer: Chief Accounting Officer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Michael L Manelis officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Robert Garechana officer: EVP & Chief Financial Officer TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Linda Bynoe director 980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Christa L Sorenson officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Angela M Aman director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045
Bradley A Keywell director
John E Neal director 2020 CALAMOS COURT, NAPERVILLE X1 60563

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